Western Washington University Western Washington University ------------------------------------------------------------------------- --------------------------------

Business and its Environment

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Discussion Questions for Corporation as a Legal Entity:

What questions do you have regarding the course? Assignments? Due dates? Contract? Pedagogy?

1) What are the advantages of the corporate form of organization, vis-a-vis the alternative structures of sole proprietorships or partnerships?

2) What is a corporation?

3) By what mechanism are corporations formed?

4) What are the differences between legal, social, and ethical responsibility?

5) What logic can be used to support the notion that corporations have legal responsibilities? That they have social responsibilities? That they have ethical responsibilities?

6) What are the legal duties of those who manage corporations? What are the social duties of these same individuals? The ethical duties?

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